Toast (TOST) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.38
- Estimate
- $0.37
- Surprise
- +2.1%
- Score at report (before → after)
- 6.3 → 6.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Toast (TOST) beat the $0.37 estimate with adjusted EPS of $0.38 — a modest 2.1% upside surprise. TrendMatrix's engine moved from Data Issue (6.3/10) to Hold at 6.4/10 after the report.
Coverage in the report window
- Toast Shares Slide After Q3 Earnings, CFO Transition Plans — benzinga, 2026-11-03
- Toast Says President And CFO Elena Gomez Has Made Decision To Step Away From Her Role At End Of Calendar Year; Michael S — benzinga, 2026-11-03
Where TrendMatrix's rating stands now
TrendMatrix currently rates TOST Hold at 6.4/10.
4 of the last 4 quarters beat the estimate; this quarter's +2.1% surprise compares with a +8.3% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Thin upside margin: 4.2%
- Sector modifier (Technology): -0.8
- Reward/Risk 0.3:1 at current price — below 1.5:1 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $33.53
- Price target
- $34.93
- Stop
- $31.18
- Upside to target
- +4.2%
- Reward-to-risk
- 0.3:1
The stock trades at 42.4× trailing but 19.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 2.1× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — shown for context, not personalized investment advice.
TOST at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Infrastructure
- Market cap
- $19.38B
- P/E (fwd)
- 19.0
- P/E (ttm)
- 42.4
- 52-week range
- $22.26–$39.67
- Off 52-week high
- 15.5%
- RSI (14)
- 69
- Volume vs avg
- 2.11×
- Score today
- 6.4/10